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  • Wednesday, 25 December 2019 15:22

Sinadarou Labs Company Sukuk Profile

Originator: Sinadarou Labs Company
Issue Date: August 6, 2019
Type of asset: earnings from the inhaler spray product line
Issue Size: 1,000,000
Exchange: TSE
Structure: Manfaah
Tenor: 4 years
Payment Periods: Every three months from start date
Face value of each paper: 1,000,000 IRR
Sukuk rate: 19% annually
Issuer (SPV): Esfand III
Sale agent: Ayandeh Negar Kharazmi Brokerage Co.
Guarantor: Kharazmi Investment Co.
Agent of payment: Central Securities Depository of IRAN (CSDI)
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